1 Rouble

Belarus introduced its own currency in 1992 following the dissolution of the Soviet Union, initially as a transitional parallel currency alongside the Soviet rouble. The lowest denominations of this first series, printed before the country had established sophisticated domestic printing infrastructure, were produced with minimal security — a single watermark being the sole anti-counterfeiting measure on this note. That was adequate for a 1-rouble face value only because hyperinflation quickly rendered the denomination essentially worthless; by 1994, a loaf of bread cost thousands of roubles.

The series was eventually replaced entirely by 1999–2000 redenomination notes, wiping five zeros from all values.